October 25, 2016 3:21 AM ET

Capital Markets

Company Overview of Kuwait Investment Authority

Company Overview

Kuwait Investment Authority is a sovereign wealth fund of the Government of Kuwait. It primarily invests in real estate, private equity, public equity, fixed income, and alternative investment markets across the globe. Within fixed income investments, the firm seek to invest in government-owned securities, agency/corporate bonds, TIPS, and treasury bills within North America, Europe, Asia and Emerging Markets. For its equity investments, it invests in value and growth stocks of companies across all market capitalization. The firm’s alternative investments comprise of private equity markets, Hedge Funds, funds of funds, and real estate markets. It benchmarks the performance of its Canadian la...

Ministries Complex


Kuwait City,  13001


Founded in 1953


965 2 485 600

Key Executives for Kuwait Investment Authority

Chief Executive Officer, Managing Director, and Director
Executive Director of Operations and Administration
Executive Director of General Reserves
Executive Director of Alternative Investments
Compensation as of Fiscal Year 2016.

Kuwait Investment Authority Key Developments

Tata Power Reportedly Plans To Buy Stake In Resurgent Power

The Tata Power Company Limited (BSE:500400) will purchase 25% of Resurgent Power for $300 million as part of a consortium to primarily by both coal-fired and hydro power assets in India, besides looking at power transmission companies, two people with direct knowledge of the plan said. Consortium of two sovereign funds from Middle East, an overseas pension fund from Canada and local private equity fund ICICI Ventures. Kuwait Investment Authority, or KIA, Oman State General Reserve Fund, or OSGRF, Canadian pension fund Caisse de depot placement du Quebec, or CDPQ and local private equity fund ICICI Ventures own the consortium. The three global funds will invest $500 million and will own 65% stake, while ICICI Ventures will own the remaining 10% stake. "Tata Power does not respond to market speculations," the company spokesperson said in a mailed response.

Egypt To Privatize AAIB And Banque Du Caire Through IPO And Sell United Bank

Egypt will offer a 40% stake in Arab African International Bank through listing, 29% stake in Banque Du Caire S.A.E. through listing and will sell The United Bank to a strategic investor. Tarek Amer, Governer of the Central Bank of Egypt said in January the central bank was considering initial public offerings in two state banks but did not name them at the time. "We want to strengthen the bourse to make Egypt attractive," Amer said in television interview on March 26, 2016. The government will offer 20% of Banque du Caire by increasing its capital through an initial public offering, Amer said. He said that 40% of AAIB would be offered in the same way, with half to be sold by the government and half by the bank's Kuwaiti investors, Kuwait Investment Authority. Amer said that The United Bank, which is 99% owned by the central bank, would also be sold to a strategic investor this year.

Canada And Kuwait Reportedly Acquired East London City Airport

A group of Canadian investors and the Kuwait Investment Authority have reportedly swooped on London City Airport Ltd. The group, including Ontario Teachers' Pension Plan, Borealis Infrastructure Trust and Apartment Investment and Management Company (NYSE:AIV) alongside a Kuwaiti infrastructure investor, are reported to have won the takeover battle for the London City Airport Ltd. Global Infrastructure Partners put the airport up for sale in 2015. It is thought the bid values the airport at around £2 billion, beating rival bids from the likes of Li Ka-Shing and HNA Group Co., Ltd.

Similar Private Companies By Industry

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Al-Aqeelah Leasing, Finance & Investment K.S.C Middle East/Africa
Al-Masar Leasing and Investment Company K.S.C. (Closed) Middle East/Africa
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Al-Sharq Financial Brokerage Company Middle East/Africa
Amin Advisory Inc. Middle East/Africa

Recent Private Companies Transactions

Private Placement
September 28, 2016
Apttus Corporation
Private Placement
September 9, 2016
Resurgent Power Ventures Pte. Ltd.
August 1, 2016
10 Hudson Yards in New York City

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